Ascending bullish triangle/Bearish Hanging Man Which 1 to trust

Do patterns and technical evaluation matter? Yes, if you are a technician but recent market that salivate when central banks even say a few words gave hard time both fundamentalist and chart-st alike. The ascending bullish triangle is predicting a possible upside move that goes beyond reasonable levels but still if u believe in patterns u shouldn't worry, another bearish pattern show up but now evaporated and did not get confirmation and some other short term patterns along the way. Only the dividend yield itself is a good reason to play with this but in the short term, there is a good chance that the ABT could fail and price pull back to 75 levels if market pulls back and we are inclined that strategy for now. Do your homework and use tight stops regardless which direction u prefer. If you want to real time alerts on this security try us www.2waytrading.com